FTAC Parnassus Acquisition Corp.

FTAC Parnassus Acquisition Corp.verified

FTPA

Price:

$10.14

Market Cap:

$347.33M

FTAC Parnassus Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of technology and financial services technology companies. The company was formerly known as FTAC General Acquisition Corp. FTAC Parnassus Acquisition Corp. was incorporated in 2020 and is based in Philadelphia, Pennsylvania.

Industry

Shell Companies

IPO Date

2021-05-03

Stock Exchange

NASDAQ

Ticker

FTPA

The PE Ratio as of May 2025 (TTM) for FTAC Parnassus Acquisition Corp. (FTPA) is 78.00

According to FTAC Parnassus Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 78.00. This represents a change of 103.81% compared to the average of 38.27 of the last 4 quarters.

FTAC Parnassus Acquisition Corp. (FTPA) Historical PE Ratio (quarterly & annually)

How has FTPA PE Ratio performed in the past?

The mean historical PE Ratio of FTAC Parnassus Acquisition Corp. over the last ten years is -865.68. The current 78.00 PE Ratio has changed -1001.03% with respect to the historical average. Over the past ten years (40 quarters), FTPA's PE Ratio was at its highest in in the September 2021 quarter at 162.78. The PE Ratio was at its lowest in in the March 2021 quarter at -274.41.

Quarterly (TTM)
Annual

Average

-865.68

Median

-865.68

Minimum

-1731.35

Maximum

0

FTAC Parnassus Acquisition Corp. (FTPA) PE Ratio by Quarter and Year

Discovering the peaks and valleys of FTAC Parnassus Acquisition Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual PE Ratio = 0

Minimum Annual Increase = -Infinity%

Minimum Annual PE Ratio = -1731.35

Quarterly (TTM)
Annual
YearPE RatioChange
2021-1731.35-Infinity%

FTAC Parnassus Acquisition Corp. (FTPA) Average PE Ratio

How has FTPA PE Ratio performed in the past?

The current PE Ratio of FTAC Parnassus Acquisition Corp. (FTPA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-865.68

5-year avg

-865.68

10-year avg

-865.68

FTAC Parnassus Acquisition Corp. (FTPA) PE Ratio vs. Peers

How is FTPA’s PE Ratio compared to its peers?

FTAC Parnassus Acquisition Corp.’s PE Ratio is

CompanyPE RatioMarket cap

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Frequently asked questions❓

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How does the current PE Ratio for FTAC Parnassus Acquisition Corp. (FTPA) compare to its historical average?